The Oregon Biz Report - Business News from Oregon

Gas prices up 62% since December

June 9, 2009

“Gas prices have risen 41 days in a row, to a national average of almost $2.62 a gallon. That is a sharp increase from the low of $1.62 a gallon that prevailed at the end of last year…After increasing 62 percent since December, the price of gasoline is actually lagging behind the increase in the price of oil, which has doubled in the same period, to more than $68 in recent days.” — New York Times, 6-9-09